Australia’s Fair Work Commission has revealed a new wage consideration that will come into effect in August of 2025, to which millions of workers in the country will be affected. This is aimed at balancing the inflationary attacks and the overall living standards of workers.
What is the new minimum wage?
There has been a new wage set and the minimum wage will be increased to a new set rate. The new rate will be effective starting August 2025. All employees under the national workplace relations system will be considered, including casual and part time workers, with some award specific exceptions. This wage increase is designed to aid workers manage daily expenses and bills as the cost of living will increase.
Who will benefit?
Employees with cheque deflation in the retail and hospitality sector will benefit the most. This is also expected to aid the apprentices and younger workforce which should also help employees who were struggling with cost of living.
When will the new rate be paid?
The new rate will be effective as of August 1, and will be payable in full by the next pay cycle. This would mean many employees would be seeing the increment in checks by August mid to late, based on the employer’s pay cycle.
How To Check Your New Pay
Employees now have a way to verify their new wage by checking their pay slips from August pay period onwards. Comparing these with the Fair Work Commission’s official advertised rates is essential. Workers who feel that their wages are incorrectly calculated can seek advice from Fair Work Ombudsman.
What Should Employers Do?
Australia increasing the wage is intended to support employees with a more comprehensive approach to pay equity and improved working conditions. As with any new information, being informed and taking the right actions ensures these critical changes are valuable to both employees and employers.
